The recent closer combination of dyestuff industries of Germany,
with the express purpose of meeting and destroying American
competition after the war, is interesting as showing German methods.
For a number of years the dye-stuff industry of Germany was
practically controlled by six great companies, some of these
companies employing as high as five hundred chemists in research
work. In 1916 these six companies made an agreement looking to a
still closer alliance not only for the distribution of the product
but also for the distribution of ideas and trade secrets. For
years, these great commercial companies supplied all the countries
of the world not only with dyestuffs and other chemical products
but also with medicines discovered by their chemists and made
from coal tar; which, although really nothing more than patent
medicines, were put upon the market as new and great and beneficial
discoveries in medicine. The Badische Anilin and Soda Fabrik,
with a capital of fifty-four million marks has paid dividends
in the ten years from 1903 to 1913, averaging over twenty-six
per cent.
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